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[Cu] Summary - 2009/7/15 Scrap Copper Market
SHANGHAI, July 15 (CBI China) -- North China today 1# bright copper was traded at RMB 37,600-37,800/mt, scrap copper climbed following SHFE copper price trend, while the downstream consumers purchased based on production needs, so transactions were limited.
East China today 1# bright copper was traded at RMB 37,600-37,900/mt, market supply remained tight, and rising prices restricted the downstream purchasing interest, leading to moderate transactions.
South China today 1# bright copper was traded at RMB 38,200-38,400/mt, cargo-holders raised scrap copper, but the receptivity of buyers was limited, so transactions were lukewarm.
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